InfoSAWIT, JAKARTA – Indonesia’s crude palm oil (CPO) market came under pressure on Wednesday, September 9, 2026, as the KPBN Inacom CPO price declined while palm oil futures in Malaysia extended their losses.
The CPO price at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was set at IDR 15,900 per kilogram, down IDR 57 per kilogram, or around 0.36 percent, from the highest bid of IDR 15,957 per kilogram recorded on Tuesday, September 8.
Information obtained by InfoSAWIT from KPBN showed that the Franco Dumai CPO price was fixed at IDR 15,900 per kilogram. Meanwhile, the FOB Talang Duku offer opened at IDR 15,650 per kilogram but was withdrawn, with the highest bid recorded at IDR 15,602 per kilogram.
A similar situation occurred at Franco Teluk Bayur. The offer was opened at IDR 15,700 per kilogram before being withdrawn, while the highest bid reached IDR 15,506 per kilogram.
The weakness in Indonesia's physical CPO market came alongside another decline in Malaysian palm oil futures.
CPO futures on the Bursa Malaysia Derivatives Exchange fell for a second consecutive trading session on Wednesday, pressured by profit-taking among market participants. However, concerns over the potential impact of El Niño on palm oil production continued to provide some support to prices.
The benchmark Malaysian CPO contract for November 2026 delivery closed RM9 lower, or 0.18 percent, at RM4,967 per metric ton.
Movements in competing vegetable oils also weighed on the palm oil market. The most-active soybean oil contract on the Dalian Commodity Exchange fell 0.73 percent, while Dalian palm oil declined 1.09 percent. In contrast, soybean oil futures on the Chicago Board of Trade gained 0.35 percent.
KPBN CPO Tender Prices
The following were KPBN's CPO tender prices on Wednesday, September 9, 2026, excluding value-added tax:
Loco PKS Luwu: No bidder
Franco Dumai: IDR 15,900/kg – CTI
CIF Port Gresik: IDR 15,900/kg – bid IDR 15,589/kg, WNI
FOB Talang Duku: IDR 15,650/kg (withdrawn); highest bid IDR 15,602/kg – PSCOI
Franco Teluk Bayur: IDR 15,700/kg (withdrawn); highest bid IDR 15,506/kg – WIRA
Loco PKS Kembayan: IDR 15,400/kg – EUP
Loco PKS Parindu: IDR 15,510/kg – EUP
Loco PKS Ngabang: IDR 15,525/kg – EUP
For palm kernel (PK), KPBN recorded the following prices:
Loco PKS R. Dua: IDR 13,137/kg (withdrawn); highest bid IDR 12,865/kg – WIRA
Loco PKS Bunut: IDR 13,247/kg (withdrawn); highest bid IDR 12,830/kg – SAP
Loco PKS Ophir: IDR 13,265/kg (withdrawn); highest bid IDR 13,074/kg – UIP
The latest movement highlights continued volatility in the palm oil market, with profit-taking and competing vegetable oils weighing on prices, while weather-related concerns remain an important factor for the market outlook. (T2)
